please assist with this question, assignment is on a 45 minute time window.

Lucia Company has set the following standard cost per unit for direct materials and direct labor. Directmaterials(15poundse$3perpound)Directlabor(2hours&$15perhour)$4530 During May the company incurred the following actual costs to produce 8,500 units. Directmaterials(131,500poundse$2.80perpound)Directlabor(21,600hourse$15.10perhour)$368,200326,160 AR= Actual Rate SR= Standard Rate AQ= Actual Quantity SQ= Standard Quantity AP= Actual Price SP= Stanclard Price Complete this question by entering your answers in the tabs below. Compute the direct materials price and quantity variances. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Complete this question by entering your answers in the tabs below. Compute the direct labot rate variance and the direct labor efficiency variance. Notez Indicate the effect of each variance by felecting favorable, unfovorable, or no variance. Round "Rate per hour" answers to 2 decimal places Lucia Company has set the following standard cost per unit for direct materials and direct labor. Directmaterials(15poundse$3perpound)Directlabor(2hours&$15perhour)$4530 During May the company incurred the following actual costs to produce 8,500 units. Directmaterials(131,500poundse$2.80perpound)Directlabor(21,600hourse$15.10perhour)$368,200326,160 AR= Actual Rate SR= Standard Rate AQ= Actual Quantity SQ= Standard Quantity AP= Actual Price SP= Stanclard Price Complete this question by entering your answers in the tabs below. Compute the direct materials price and quantity variances. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Complete this question by entering your answers in the tabs below. Compute the direct labot rate variance and the direct labor efficiency variance. Notez Indicate the effect of each variance by felecting favorable, unfovorable, or no variance. Round "Rate per hour" answers to 2 decimal places